For anyone who was the mortgagor party to a residential mortgage on real property located in New York State serviced by Bank of America for which all authorized principal, interest and all other amounts due or otherwise owed by law was completely paid between July 12, 2010 and November 27, 2015, but Bank of America failed to present a certificate of discharge or satisfaction of mortgage within 30 days to the recording officer of the county where the mortgage was recorded, then you are eligible for a potential award from the Bank of America Mortgage Lien Class Action Lawsuit! According to the lawsuit, Bank of America negleted to present documentation that their mortgages had been fully satisfied. Bank of America denies all acts of wrongdoings, however they have agreed to settle the class action lawsuit in order to avoid the further risk and cost of ongoing litigation. So if you are eligible, file a claim by 7/18/2016 to receive your potential award!

BoA Mortgage Lien Release Class Action Lawsuit:

• Bank of America Mortgage Lien Release Claim Form
• Claim Form Deadline: 7/18/16
• Who’s Eligible: For anyone who was the mortgagor party to a residential mortgage on real property located in New York State serviced by Bank of America for which all authorized principal, interest and all other amounts due or otherwise owed by law was completely paid between July 12, 2010 and November 27, 2015, but Bank of America failed to present a certificate of discharge or satisfaction of mortgage within 30 days to the recording officer of the county where the mortgage was recorded.
• Estimated Amount: Varies ($180 – $780)
• Proof of Purchase: N/A
• Case Name & Number: Denise Jaffe and Daniel Adler v. Bank of America N.A., Case No. 13-cv-04866-VB, in the U.S. District Court for the Southern District of New York.

How to File a Claim:

1. Head over to the BoA Mortgage Lien Release Claim Form.
2. Read over the claim form to see if you are eligible.
3. Fill the claim form out with your information.
4. Submit a claim by 7/18/16 to receive your potential award!

Bottom Line:

If you were a mortgagor party to a residential mortgage on real property located in New York State serviced by Bank of America for which all authorized principal, interest and all other amounts due or otherwise owed by law was completely paid between July 12, 2010 and November 27, 2015, but Bank of America failed to present a certificate of discharge or satisfaction of mortgage within 30 days to the recording officer of the county where the mortgage was recorded, then you qualify for a potential award from the BoA Mortgage Lien Class Action Lawsuit. Fill out the claim form with your information by 7/18/16 to receive your potential award! Don’t forget to take a look at our full list of Class Action Lawsuit Settlements!

File A Claim

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For all persons who were the mortgagor party to a residential mortgage on real property located in New York State serviced by Bank of America for which all authorized principal, interest and all other amounts or otherwise owed by law was completely paid between July 12, 2010 and November 27, 2015, but Bank of America failed to present a certificate of discharge or ... Keep Reading↠